CarGurus (CARG) Research & Development (2016 - 2026)

CarGurus (CARG) posted quarterly Research & Development of $37.7 million for Q1 2026, up 7.55% year-over-year from $35.0 million in Q1 2025, and up 20.17% on a QoQ basis from $31.3 million in Q4 2025.

CarGurus (CARG) Research & Development (2016 - 2026) Analysis & Trends

CarGurus (CARG) has reported Research & Development for 11 consecutive years, with $37.7 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Research & Development rose 7.55% year-over-year to $37.7 million; the TTM figure through Mar 2026 stood at $139.7 million (up 0.87% YoY), while the FY2025 annual figure was $138.3 million, down 0.53% from the prior year.
  • Research & Development came in at $37.7 million for Q1 2026 at CarGurus, up from $31.3 million in the prior quarter.
  • The five-year high for Research & Development was $37.7 million in Q1 2026, with the low at $27.3 million in Q4 2023.
  • Average Research & Development over 5 years is $33.8 million, with a median of $35.0 million recorded in 2025.
  • Across the five-year window, Research & Development climbed 21.81% in 2022 and dropped 13.4% in 2023, its largest moves.
  • Year by year, Research & Development stood at $31.6 million in 2022, then retreated by 13.4% to $27.3 million in 2023, then increased by 11.73% to $30.5 million in 2024, then grew by 2.68% to $31.3 million in 2025, then increased by 20.17% to $37.7 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $37.7 million, $31.3 million, and $36.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - 52.00
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn -
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn -
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn -
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn -
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn -
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn -
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn -
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn -
10 CarGurus 2.67 Mn -69.38 Mn 224.62 Mn 37.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 37.67 Mn
Dec 31, 2025 31.35 Mn
Sep 30, 2025 36.32 Mn
Jun 30, 2025 34.37 Mn
Mar 31, 2025 35.03 Mn
Dec 31, 2024 30.53 Mn
Sep 30, 2024 36.36 Mn
Jun 30, 2024 36.58 Mn
Mar 31, 2024 35.55 Mn
Dec 31, 2023 27.32 Mn
Sep 30, 2023 35.43 Mn
Jun 30, 2023 37.39 Mn
Mar 31, 2023 36.61 Mn
Dec 31, 2022 31.55 Mn
Sep 30, 2022 30.21 Mn
Jun 30, 2022 31.35 Mn
Mar 31, 2022 30.65 Mn
Dec 31, 2021 27.09 Mn
Sep 30, 2021 26.54 Mn
Jun 30, 2021 27.63 Mn